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Mais is a 37-year-old man who is married with one daughter. He is an Internally Displaced Person (IDP) and lives in an IDP Settlement with his family in Bilasuvar. He breeds cows and cattle, and he sells milk and milk products, as well as cattle for meat purposes to local butchers. Mais has 10 years of experience in this field, thanks to his father who taught him how best to look after cattle. He receives 80 AZN in financial support from the government monthly, but this is too low to cover family needs.

Mais usually buys small cattle, raises and fattens them for five to six months, then resells them at a profitable price in the local livestock bazaar. Milk and yoghurt he sells to the neighbors. Milk and meat sales bring 130 AZN income per month. Milk and yoghurt, as well as meat are very popular products in Azerbaijan. People use meat in such everyday national dishes as pilau and dolma and always use yoghurt sauce. Milk products are considered very healthy and also present in everyday life.

The above is the only financial income in his family and is not enough to cover basic needs of his beloved daughter. Mais applied for 1,500 AZN to purchase three cattle and one milk cow. He has already completed several loans and proven himself as a good client.

Additional Information

More information about this loan

This loan is designed for clients residing in settlements for Internally Displaced Persons (IDPs) in Bilasuvar, Azerbaijan. An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs). Many of these people have failed to qualify for loans through formal channels due to low income and lack of collateral. By funding this loan, you are creating opportunities and supporting economic development in extremely underserved communities. 

About Aqroinvest:

Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.

In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.

About Azerbaijan

  • $10,800
    Average annual income
  • 70
    View loans »
    Azerbaijan Loans Fundraising
  • $14,526,825
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,925 helped Mais to buy three cattle and one milk cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 2, 2013
Apr 6, 2013
Currency Exchange Loss:
Nov 17, 2014